Understanding the E-Commerce Ecosystem
By Frank Tilleli on June 4, 2021
In today's fast-paced and highly competitive e-commerce world, you need a healthy e-commerce ecosystem to succeed. E-commerce refers to the buying and selling of services or goods via the internet, as well as the transfer of data and money to complete these transactions. A successful e-commerce ecosystem brings together a wide variety of e-commerce tasks and responsibilities into one interconnected system. By understanding the different parts of an e-commerce ecosystem and how you can use them, you can see greater e-commerce success. Learn more about the popularity of e-commerce and the main components of e-commerce ecosystems below.
The Solutions and Cost Benefits of Order-To-Cash Automation
By Frank Tilleli on April 22, 2021
The order-to-cash (O2C) cycle is key to your business's ability to fulfill customer orders in a timely fashion and handle all aspects of a sale. Many companies don't get the most out of their O2C cycle due to their reliance on manual processes. With enterprise resource planning (ERP) systems and other O2C cycle solutions, you can automate many of your O2C processes to improve efficiency, increase customer satisfaction and boost profitability. Find out more about the O2C cycle and the reasons why many businesses choose O2C automation. You can also learn more about how the ConnectPointz O2C automation software can help your business optimize your O2C cycle.
What Are EDI Transactions? Understanding EDI Codes and Messages
By Frank Tilleli on March 15, 2021
EDI stands for Electronic Data Interchange and refers to an exchange of data between two parties via computers. EDI transactions and codes are essential for many businesses, as EDI allows them to exchange business documents with their clients quickly. EDI codes create communication standards and promote seamless transfers of information. Compliance with EDI codes is crucial for businesses that rely on EDI for transactions, such as those in the transportation and logistics industry and the retail and manufacturing industry.
What Is EDI (Electronic Data Interchange)?
By Frank Tilleli on March 5, 2021
EDI, or electronic data interchange, is the leading way for B2B organizations to exchange information and facilitate transactions, regardless of the organization's size. EDI provides many benefits to companies looking for faster and more accurate ways to exchange documents with their clients and business partners. Since EDI offers so many advantages, companies may want to take the time to understand EDI and the ways it can help them become more profitable.
